Vendor security assessments take 2–4 weeks per vendor. Security teams manually review SOC 2 reports, fill spreadsheets, and chase vendors for questionnaire responses. With 20+ new vendors per year, the backlog is unsustainable.
AI vendor risk platform that ingests SOC 2 reports, completed security questionnaires, pentest results, and public breach data — then auto-generates risk scores, flags gaps, and produces compliance buy/don't-buy recommendations.
Security and procurement teams at companies evaluating 20+ vendors per year who need to assess third-party risk efficiently
Supply chain attacks up 742% since 2020. Cyber insurance requires documented vendor risk assessments. AI can now analyze complex security documents. Regulatory pressure (DORA, NIS2) mandates vendor risk management.
Per-vendor assessment: $49 (one-time), $25/vendor/mo (continuous monitoring). Platform: $199/mo (10 vendors), $499/mo (50 vendors), $999/mo (unlimited). Enterprise: custom.
Outside-in security ratings. Good exposure monitoring but $15K+/yr, no document analysis
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